Tally
Shafeek KS
Accounts Manager / Financial Analyst
Dubai
Summary
To use my analytical and quantitative skills in the management of Accounts & Finance decisions of a dynamic and professional organisation to create competitive edge, affording opportunities of learning.
Overview
11
11
years of professional experience
3
3
Languages
2
2
Certificates
1
1
UAE Driving License
Work History
Accounts Manager / Financial Analyst
DIMX GROUP
DUBAI
12.2018 - Current
- Preparation of statement of accounts like Trial Balance, Profit & Loss Account, Balance Sheet, Cash flow statement, Statement of changes in working capital, Statement of changes in equity and additional specific reports on a monthly and yearly basis.
- Performed financial audit up to finalization.
- Financial modelling in Power BI such as data visualisation dashboard, formatting matrix for better visibility and branch wise sales trend analysis by adding Slicers for each branch.
- Budgeting, forecasting, variance analysis for revenue, fixed cost, variable cost and analysis of variance difference is favourable or unfavourable.
- Reporting to top management with Actual performance Vs Forecast along with action plan.
- Cost controlling by analysing overspending from financial statement, liaise with procurement for analysing bid from different vendors for same product or services.
- Performed key financial ratio analysis from financial statement such as profitability ratio, efficiency ratio, liquidity ratio, leverage ratio, coverage ratio.
- Online payment processing such as vendor payments, utility bill payments, VIP fuel recharges, Vat payments, WPS for staff and all major payment action.
- Liaise with Draughtsman, Procurement, Assistant Accountant for verifying documents, Work in Progress status, vendor payment for each project release percentage decision.
- Liaise with Administrator for maintaining Excel records such as attendance, leave tracker, Vehicle log, legal documents details, Staff details, clients and vendor details using Vlookup, Pivot table, Data Validation, Conditional formatting and so on.
- Maintaining and Analysis project job wise report such as Site money flow and Job wise profitability report for each project.
- Protects organization’s value by keeping information confidential.
Senior Accountant / HR
EXACT FZ LLC
DUBAI
06.2016 - 12.2018
- Handling Accounts, Audit and VAT work for different companies related to construction, production, trading and services in UAE.
- Prepare and review vouchers, quotation, purchase order, delivery note, debit note, credit note, invoices, bills and any other accounting documents.
- Reconciliation of Bank a/c, purchase a/c, sales a/c, vendors a/c, customers a/c, Inter & associated Co a/c, owner’s c/a, deferred a/c, prepaid a/c and petty cash a/c.
- Review and maintain Account payables and Receivables to ensure proper work delegation for recoveries and prepare Ageing Report.
- Ensure Stock levels in stores, maintain Inventory control list and liaise with stores planner.
- Maintaining schedules and recording monthly accruals, prepaid, deferred, depreciation & amortisation, provisions such as gratuity, leave salary, Air ticket, Accommodation and other adjustments on monthly basis.
- Review and prepare Payroll accounting, Overtime, Leave salary, Gratuity and other employee’s benefits calculation.
- Co-ordinate with PRO for visa processing, renewals and HR management decision.
- Finding staff requirements in each department and preparing new job descriptions list.
- Participate interview with management for hiring candidates, screening and shortlisting based on job requirements.
- Developed financial models to assess and analyze financial performance of clients.
- Trained new employees on accounting principles and company procedures.
Accountant
FOI TECHNOLOGIES PVT LTD
06.2012 - 05.2016
- Setup accounts, ledgers and reporting systems per GAAP standards and regulatory requirements.
- Analyzed data and presented reports of financial statuses.
- Suggested ways to improve operational efficiencies.
- Analyzed and prepared annual budgets to contain costs, minimize losses and assure compliance with internal controls.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
- Investigated daily variances and corrected errors to resolve discrepancies.
Education
Master Of Business Administration - Finance -
NIBM
IndiaBachelor Of Commerce - Finance -
Calicut University
IndiaSkills
Record-to-Report (R2R)
Procure-to-Pay (P2P)
Order-to-Cash (O2C)
Reconciliation of Accounts
Payroll & Benefits
Receivables & Payables
UAE VAT & Filing
Accruals & Deferrals
Power BI Desktop
Financial Statements
ERP Software Management
MS Excel Advance
Audit Schedules
Finance Management
HR Management
ERP Software Management
Cost Control
Closing Procedure
Inventory Control
Liquidity & Working Capital
Budget, Forecast, Analysis
Software
Peachtree / Sage
QuickBooks
Zoho books
MS Office
Certification
Completed professionally certified INFORMATION TECHNOLOGY TRAINING COURSE with the requirements of Regulation 45 of the Chartered Accountants Regulation,1988.
https://www.linkedin.com/in/shafeek-ks-454974235
Timeline
Accounts Manager / Financial Analyst
DIMX GROUP
12.2018 - Current
Senior Accountant / HR
EXACT FZ LLC
06.2016 - 12.2018
Accountant
FOI TECHNOLOGIES PVT LTD
06.2012 - 05.2016
Master Of Business Administration - Finance -
NIBM
Bachelor Of Commerce - Finance -
Calicut University